On 3/19/24, CVR Partners LP (NYSE: UAN) stock enjoyed a major increase of 16.5%, closing at $74.25. Moreover, trading volume in this advance was exceptionally high at 647% of normal. Relative to the market the stock has been weak over the last nine months but has risen 12.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UAN is expected to continue to be a major Value Builder.
CVR Partners has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CVR Partners has a good Appreciation Score of 77 but a poor Power Rating of 18, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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